Jason

I'm not going to tell you what the details are, but I've never seen the business.

What's more, what do you think their profit margins are?

Forget the growth quantum.

Oh, you only need 100 people to run the business.

upwards of more than 95%.

Oh, crazy.

Wow.

Is it below 90?

I think this conversation lacks technical literacy.

So let's assume you're Google, and let's just say that the equivalent of an output token was the equivalent of a link.

Right.

The first thing you would tell me is, hey, Chamath, not all links are made equal.

Right?

So for example, if you generate a link for a pharmaceutical drug, Google charges a price per click that's way different than the link that they generate that goes to Amazon to buy toothpaste.

Right?

Now, for Amazon, it actually costs the same amount of money to generate that link.

For Google, sorry, right?

I think the thing that he needs to understand is he's equating this to energy, but the reality is that in AI models, the thing that we care about is what is that output token?

What is the revenue that's being generated?

What is the revenue that's being generated by the output token?